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Forex Technical Analysis Forecast 09.02.2022

EURUSD, Euro vs US DollarEURUSD is still consolidating around 1.1425. Possibly, today the pair may grow towards 1.1435 and then fall with the shortterm target at 1.1386. Later, the market may correct to test 1.1420 from below and then resume trading downwards to break 1.1380. After that, the instrument may continue falling to reach 1.1300.GBPUSD, Great Britain Pound vs US DollarGBPUSD continues forming a new consolidation range around 1.3528; it has already expanded the range up to 1.3566. Possibly, the pair may form a new descending structure towards 1.3465. Later, the market may correct to test 1.3522 from below and then start another decline with the target at 1.3455.USDRUB, US Dollar vs Russian RubleHaving broken 75.64, USDRUB continues trading downwards to reach 74.58. After that, the instrument may start another correction towards 75.65 and then resume falling with the target at 74.00.USDJPY, US Dollar vs Japanese YenUSDJPY has completed another ascending wave towards 115.65; right now, it is trading downwards to reach 114.78. After that, the instrument may start another correction with the target at 115.24.USDCHF, US Dollar vs Swiss FrancUSDCHF is still consolidating around 0.9235. Possibly, the pair may break it to the upside and reach 0.9294. Later, the market may start a new decline to break 0.9235 and ten continue falling with the target at 0.9136.AUDUSD, Australian Dollar vs US DollarAfter forming a new consolidation range around 0.7100 and breaking it to the…

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